American Electric Power (AEP) reported a fall in fourth-quarter profit despite higher revenue, primarily due to significant investments in energy infrastructure. The utility company plans to expand its capital expenditure to meet rising energy demand, especially from hyperscalers and data centers powering AI ambitions. AEP maintains a positive outlook for its 2026 operating earnings, showcasing confidence in its strategic investments.
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American Electric Power 4Q Profit Falls on Ongoing Energy Investments
American Electric Power (AEP) reported a fall in fourth-quarter profit despite higher revenue, primarily due to significant investments in energy infrastructure. The utility company plans to expand its capital expenditure to meet rising energy demand, especially from hyperscalers and data centers powering AI ambitions. AEP maintains a positive outlook for its 2026 operating earnings, showcasing confidence in its strategic investments.